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20121113
20121113
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will outperform. >> thank you. we appreciate it. now, president obama is going to rally support for a fiscal fix. so far we have no idea what's inside of his head and what he will propose. let's hope the president is offering an olive branch unlike the past. >> let me just make this point. we are not campaigning. the election is over. >> i'm reminded of that every day. customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. >>> president obama is set to host congressional leaders at the white house for a bipartisan fiscal cliff talks on friday. he's going to be meeting with labor and business loaders throughout the week. so will republicans and democrats be able to rise above their partisan differences and reach a fiscal cliff deal? let's get right t
to see everybody. thanks for joining us. carol, what are you expecting in 2013 under president obama's policies? >> i'm not expecting anything very good, maria. i think that we're going to end up with some sort of a slow down. i think whatever the compromise that ends up being made under this grand bargain, it's going to be something that ends up hurting unemployment. that being said, i think there's always a tale of two markets. from a broader market standpoint, i expect the market to be hurting. there's always opportunities to be had. >> steve, you have some breaking news earlier. you reported on janet yellen. tell us what that says about where we're headed in terms of economic growth in 2013. >> well, i think it tells us the fed is going to remain as loose as it possibly can through '13, '14, '15, and now even '16. janet yellen saying an optimal policy path, one that stays as close to 2% on inflation and tries to get the unemployment rate down to 6% could mean the fed remains easy through early 2016. by the way, they're thinking of scrapping all of that calendar date guidance thro
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